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ACTSC 455Life Contingencies 3

Units
0.50
Faculty
Mathematics
Subject
Actuarial Science

When it runs

  1. F24
  2. W25
  3. S25
  4. F25
  5. W26
  6. S26
  7. F26
  8. W27
  9. S27

Ran in 2 of the last 7 terms. Winter 2027: scheduled, 2 lecture sections. Spring 2027: schedule not out yet.

Profit testing for traditional and non-traditional life insurance. Pricing and valuation of embedded options in life insurance products. Defined benefit and defined contribution pension plan design. Theory and practice of unit credit methods for pension plan funding and valuation for final average salary, career average earnings, and career average revalued earnings pension plans; post-retirement health benefits.

Prerequisites

Corequisites

  • Completed or concurrently enrolled in:
    • ACTSC446 - Mathematics of Financial Markets (0.50)

Antirequisites

None listed.

Leads to

No course lists it as a requisite.

Winter 2027 sections

Enrolment from UW Open Data, which can trail Quest by up to two days. Instructors and rooms: Schedule of Classes.
SectionClassEnrolledMeets
LEC 00159540 / 40Online or by arrangement
LEC 701233616 / 9999Online or by arrangement
TUT 10178060 / 40M 11:30–12:50

Reviewed on UW Flow

100% liked it63% easy92% useful

From 2 ratings and 1 comment on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.

  • Highly depends on self-study. If you can understand SOA ALTAM by yourself using resources like coach actuaries, you don't need this course. If you can't, you cannot understand those in this course neither.

    Apr 2026 · liked itOn UW FlowRemove this

Discussed on r/uwaterloo

2 posts and comments in 1 thread mention ACTSC 455, October 2017 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.

Fall 2017

PSA: UWCourseLinker back up, disabled by default, call with [[course code]] 39 points, 31 comments

u/RayDWatson: “… [[ACTSC431]] [[ACTSC432]] [[ACTSC433]] [[ACTSC445]] [[ACTSC446]] [[ACTSC453]] [[ACTSC455]] [[ACTSC458]] [[ACTSC459]] [[ACTSC462]] [[ACTSC463]] [[ACTSC468]] [[ACTSC469]] [[ACTSC471]] [[ACTSC611]] [[ACTSC612]] [[ACTSC613]] [[ACTSC614]] [[ACTSC615]] [[ACTSC621]] [[ACTSC622]] …”

u/UWCourseLinker: “… ACTSC 446 - Mathematics of Financial Markets ACTSC 453 - Basic Pension Mathematics ACTSC 455 - Advanced Life Insurance Practice ACTSC 458 - Insurance Law ACTSC 459 - Group Life and Health Insurance ACTSC 462 - Introduction to Property and Casualty Pricing ACTSC 463 - …”

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Calendar versions

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